Daniel Mendez
The good and bad of turnkey properties
Hey BP,I am looking into purchasing my first investment property out of state. Most likely in Indianapolis, Indiana.I am currently debating on whether or not I should start with a BRRRR property or Turnkey property.Ho...
Mike Kruser
What makes a slumlord
Ok for the landlords out there question.
I did math on a bunch of properties and saw in my area the only way to make positive cash flow on a property is that it starts around 6+units which is like 800k starting, and t...
Scott Smith
Ask Me Anything! Free legal advice
I'm the asset protection attorney out of Austin, Texas that protects real estate investors from lawsuits. What I want to know is the question you have about lawsuit protection, taxes, insurance, financing, etc. as it ...
Brandon Turner
Leaky Pipe, Naked Tenant, Chain Locked Door: What Would You Do?
Just curious: what would YOU do in this situation? (The lady in this story has a history of "drama" with us - so nothing in this story is unusual.) A tenant called last week about a pipe that has been leaking in her c...
Karen F.
Class C landlords - better build up some cash reserves
To any LLs who rent to people who are working class but pay their own, unsubsidized rent: be advised that you should build up some cash reserves. New England Journal of Medicine just published a case report of the di...
Brian Burke
Just bought a 140 unit property. Here’s how I financed it (thanks BP!)
It’s always exciting to buy an off-market multifamily property, and even more exciting when the Houston Business Journal runs a story on it!
The property is a 140 unit class-C apartment complex in the Houston...
Nick Mess
When did you buy a truck?
Living in NH and doing some of the renovations myself, I am feeling the itch to buy a used truck! But with only one duplex under my belt, it definitely makes more sense to save the money and invest in additional prope...
Jamie K.
How to get over analysis paralysis on the first deal!!
Any tips on getting over the initial fear of the first deal would be much appreciated!! I currently made an offer on a single family home in joliet, IL. I've ran the numbers and it should cash flow around $250-$300 p...
Account Closed
In State or Out of State
Help me with a dilemma BP...I live in Oakland California where the market is the highest its ever been and I want to get started in REI. I have come up with 2 options and need some advice as to which one is smarter.Op...
Tom Goans
No Debt Is Freedom
No Debt Is Freedom
Consider this:
Your money working for You when you own a residential rental property investment. The tenant goes to work each day to pay you to live at your real estate investment.
However, You a...